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VANNIEUWKERKE MICHAEL

Active
Private limited companyfounded 2020active for 6 yearsHondsklinkstraat 11, 8851 Ardooie, BelgiumKBO/BCE: BE 0748.841.285
Summary

The computed 12-month bankruptcy probability of VANNIEUWKERKE MICHAEL is 3.0% (moderate). The 2025 annual accounts show equity of €31,273 and a net result of -€26,863. Equity is growing by about 4.8% per year across the filed financial years. Its solvency ranks better than 19% of 34,807 sector peers (NACE 43, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
VANNIEUWKERKE MICHAELActiveChecked score 49/100
Risk analysis ReportCompare

Overview

Activity
Other building finishing work
NACE 43350General construction of residential buildings NACE 41001
2 sites
Size
≈ €300,000turnover 2025, estimated
Staff
1 FTE
Equity
€31,273
Loss
-€26,863
Turnover estimated from the gross margin
Financial health
49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.0%
Structure
2025 accounts 31 days early2 deeds in the Belgian Official Gazette
Why 49raises riskLiquidity: current ratio 0.31Sector: Specialised construction activities (NACE 43)Loss of €26,863 (financial year 2025)lowers riskSize: total assets €190,531Show the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 16% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 41-7
equity 16.4% of total assets
Liquidity 23-14
short-term debt 71.5%
Profitability 51-24
return on assets -14.1%
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,663 companies, NACE 43, micro)
Last 24 months 11-2024: 4.4% 12-2024: 4.5%▲ +0.1 percentage points vs 11-2024 01-2025: 4.5%● unchanged vs 12-2024 02-2025: 4.5%● unchanged vs 01-2025 03-2025: 4.5%● unchanged vs 02-2025 04-2025: 4.5%● unchanged vs 03-2025 05-2025: 4.6%▲ +0.1 percentage points vs 04-2025 06-2025: 4.6%● unchanged vs 05-2025 07-2025: 4.5%▼ -0.1 percentage points vs 06-2025 08-2025: 4.7%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 4.7%● unchanged vs 08-2025 10-2025: 4.6%▼ -0.1 percentage points vs 09-2025 11-2025: 4.6%● unchanged vs 10-2025 12-2025: 4.6%● unchanged vs 11-2025 01-2026: 4.6%● unchanged vs 12-2025 02-2026: 4.5%▼ -0.1 percentage points vs 01-2026 03-2026: 4.5%● unchanged vs 02-2026 04-2026: 4.4%▼ -0.1 percentage points vs 03-2026 05-2026: 4.4%● unchanged vs 04-2026 06-2026: 4.2%▼ -0.2 percentage points vs 05-2026 07-2026: 2.7%▼ -1.5 percentage points vs 06-2026lowest value 08-2026: 3.0%▲ +0.3 percentage points vs 07-2026 09-2026: 3.0%● unchanged vs 08-2026 10-2026: 3.0%● unchanged vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.31, compared with 0.56 in 2024, below 1; short-term debt: 71.5% of total assets), and 83.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 19% on solvency, 13% on liquidity, 24% on profitability and 10% on growth.

The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.31
NBB · annual accounts
lowers risk · Size: total assets €190,531
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Loss of €26,863 (financial year 2025)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 34807 sector peers (2025).
NBB · sector comparison
Position among 34807 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
31 days early
2024
15 days early
2023
28 days early
2022
32 days late
2021
121 days late
2020
97 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 29 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 July (4 of the last 5 filed years within 47 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet -€26,863
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: Among the weakest 5% on net resultsector median €10,234 · 34,794 companies -€26,863 View
  • Total assets 20256 financial years filed €190,531 View
  • Active since 2020founded 23-06-2020 6 years View

By topic

Financials

Financial year
2025
Total assets
€190,531
Loss
-€26,863
Solvency
16.4%
Total assets▼ 23.5%
Net result
20202025
Go to Financials

Timeline

Events
8
Since
2021
Next accounts
by 31-07-2027
  1. 03-07-2024Annual accounts filed
  2. 01-09-2023Annual accounts filed
  3. 31-12-2022Highest result from 2020 to 2025
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Other building finishing workNACE 43350
Founded
23-06-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about VANNIEUWKERKE MICHAEL

What is the company number of VANNIEUWKERKE MICHAEL?
0748.841.285. In Belgium the VAT number is the company number with BE in front: BE 0748.841.285.
Where is VANNIEUWKERKE MICHAEL based?
The registered office is at Hondsklinkstraat 11, 8851 Ardooie.Company details
What does VANNIEUWKERKE MICHAEL do?
According to the KBO register, the main activity is other building finishing work (NACE 43350).
What is the legal form of VANNIEUWKERKE MICHAEL?
Private limited company (BV).
When was VANNIEUWKERKE MICHAEL founded?
On 23-06-2020.
Is VANNIEUWKERKE MICHAEL still active?
Yes, VANNIEUWKERKE MICHAEL is an active enterprise in the KBO register.
How many employees does VANNIEUWKERKE MICHAEL have?
On average 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VANNIEUWKERKE MICHAEL?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is VANNIEUWKERKE MICHAEL profitable?
In financial year 2025, VANNIEUWKERKE MICHAEL made a loss of €26,863.
Where can I find the annual accounts of VANNIEUWKERKE MICHAEL?
VANNIEUWKERKE MICHAEL filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VANNIEUWKERKE MICHAEL due?
By 31-07-2027, for financial year 2026.Timeline

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